Futures are up a bit this morning as of 1:00 AM central following yesterday’s massacre.
However, bond yields are again lower. The 30-year long bond just crashed through the 2% level for the first time ever.
The Fed has everything under control.
So does Trump, the ECB, Bank of Japan, China, Canada, Australia, and New Zealand.
What can possibly go wrong?
Mike “Mish” Shedlock